Severn Close - SR8 1LA
Key Postcode Insights
SR8 1LA is a residential postcode situated on Severn Close, Peterlee, SR8 with 2 addresses.
It ranks as the 81st largest and 1085th most expensive of the 1,284 postcodes in the SR8 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £228,659
- 10 Year change
- up 30.8%
- Ave. Rental Price
- £1,212pcm
- 10 Year change
- up 47.8%
- Ave. £ per ft²
- £329/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
SR8 1LA is a residential postcode situated on Severn Close, Peterlee, SR8 with 2 addresses.
It ranks as the 81st largest and 1085th most expensive of the 1,284 postcodes in the SR8 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £228,659
- 10 Year change
- up 30.8%
- Ave. Rental Price
- £1,212pcm
- 10 Year change
- up 47.8%
- Ave. £ per ft²
- £329/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin SR8 1LA
Sales Market Trends
The current average value in the postcode is £228,659.
The SR8 1LA Sales Market has increased by 30.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £228,659 |
| June 2025 | 3.9% | £225,262 |
| June 2024 | 4.7% | £216,755 |
| June 2023 | -1% | £206,955 |
| June 2022 | 12.9% | £209,117 |
| June 2021 | 1.3% | £185,268 |
| June 2020 | 5.2% | £182,869 |
| June 2019 | -1.6% | £173,768 |
| June 2018 | -0.3% | £176,553 |
| June 2017 | 1.3% | £177,012 |
| June 2016 | -1.6% | £174,776 |
| June 2015 | 0.4% | £177,555 |
| June 2014 | 6.7% | £176,830 |
| June 2013 | -3.2% | £165,715 |
| June 2012 | -7.3% | £171,162 |
| June 2011 | -5.2% | £184,717 |
| June 2010 | 1.7% | £194,864 |
| June 2009 | -9.8% | £191,572 |
| June 2008 | 0.8% | £212,495 |
| June 2007 | 0% | £210,720 |
Rental Market Trends
The current average rental value in the postcode is £1,212.
The SR8 1LA Rental Market has increased by 47.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,212pcm |
| June 2025 | 3.4% | £1,177pcm |
| June 2024 | 8% | £1,139pcm |
| June 2023 | 9% | £1,055pcm |
| June 2022 | 10.7% | £967pcm |
| June 2021 | 2.9% | £873pcm |
| June 2020 | 2.3% | £848pcm |
| June 2019 | -0.1% | £830pcm |
| June 2018 | 0.9% | £831pcm |
| June 2017 | 0.4% | £823pcm |
| June 2016 | 0.9% | £820pcm |
| June 2015 | -1.3% | £812pcm |
| June 2014 | 0.1% | £823pcm |
| June 2013 | -2.4% | £822pcm |
| June 2012 | -1.3% | £842pcm |
| June 2011 | 0.5% | £853pcm |
| June 2010 | 1.6% | £849pcm |
| June 2009 | -3% | £836pcm |
| June 2008 | 4.2% | £862pcm |
| June 2007 | 0% | £828pcm |
Nearby Postcodes
SR8 1LA is the 81st largest and the 1085th most expensive postcode out of the 1,284 postcodes in the SR8 area.
- SR8 1LB, Severn Close, Peterlee, SR8SR8 1LB8 Addresses|41 m away
- SR8 1JZ, Severn Close, Peterlee, SR8SR8 1JZ14 Addresses|51 m away
- SR8 1JU, Severn Close, Peterlee, SR8SR8 1JU13 Addresses|58 m away
- SR8 1JT, Oakerside Drive, Peterlee, SR8SR8 1JT10 Addresses|65 m away
- SR8 1JR, Oakerside Drive, Peterlee, SR8SR8 1JR7 Addresses|98 m away
Property Types
- 2 mid-century houses built between 1936 and 1979
- mid-century house (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Feb 2022£105,000 | 3 Bed House23, Severn Close, Peterlee, SR8 1JY23, Severn Close, Peterlee, SR8 1JY
- Sold Dec 2022£105,000 | 3 Bed House21, Severn Close, Peterlee, SR8 1JY21, Severn Close, Peterlee, SR8 1JY
- Sold Jun 2024£100,224 | 3 Bed House23, Severn Close, Peterlee, SR8 1JY23, Severn Close, Peterlee, SR8 1JY
Schools Nearby
- Shotton Hall Primary School300 m away
- Our Lady of the Rosary Catholic Primary School900 m away
- Howletch Lane Primary School1.1 km away
- The Academy at Shotton Hall400 m away
- St Bede's Catholic School and Byron Sixth Form College800 m away
- Dene Academy2.1 km away
More reading links
Public Transport Nearby
The closest station to SR8 1LA is Horden station, which is 3.1 kilometres away.
- Horden|3.1 km away
- Seaham|9.7 km away
- Hartlepool|11.4 km away
- Seaton Carew|13.9 km away
